Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why did Bombardier decide to change its reporting currency to U.S. dollars?

April 26, 2017bombardier currency decide Dollars

0

Posted

Why did Bombardier decide to change its reporting currency to U.S. dollars?

1 Answer

0

Posted

The change to U.S. dollar reporting has made our financial statements more comparable with our key competitors, who are operating in a similar economic environment. This change simplifies the analysis of our results. With the sale of our recreational products segment, the remaining businesses have a reduced Canadian cost component.